
Adani group stocks rise up to 5% post clarification on Gujarat petchem project
The management is hopeful to obtain financial closure for Mudra petrochemical project in next six months, says Adani Group spokesperson.
The management is hopeful to obtain financial closure for Mudra petrochemical project in next six months, says Adani Group spokesperson.
MoS finance Pankaj Chaudhary says listed companies of the Adani group saw a 60% decline in m-cap after the Hindenburg report
On Friday, Adani Enterprises share price declined as much as 6.8% to ₹1,899 on the BSE, in sync with the broader market.
Balasubramanyam Danturti, Group Head, Investor Relations of Adani Listed companies, confirmed to Fortune India that he has been on 'gardening' leave since December 2022.
Adani Enterprises will move out of the short-term additional surveillance measure (ASM) framework of the National Stock Exchange with effect from March 8
Adani Enterprises shares rebounded nearly 80% in just five sessions, from ₹1,193.50 on February 27, to ₹2,135 intraday today.
GQG has acquired 3.4% stake in Adani Enterprises, 4.1% in Adani Ports, 2.5% in Adani Transmission, and 3.5% in Adani Green Energy.
Adani Enterprises shares surged over 31% in two sessions amid a report that Gautam Adani-led conglomerate is planning to prepay or repay share-backed loans.
Of the nine Adani group stocks, 7 were trading higher amid report that Gautam Adani-led conglomerate is planning to prepay its loans.
Adani Transmission's restricted group credit assessment is not directly affected by the alleged malpractices at Adani group highlighted in Hindenburg report, says Fitch.